The Myth of Time Theft: More Likely to Get Hit by an Asteroid?

Time theft. It’s a scary term that makes employers uneasy. The idea that employees are sneaking extra minutes (or hours) onto their timesheets without actually working sounds like a major business risk. But let’s take a step back. How likely is time theft to occur in a well-managed workplace with modern attendance tracking?

Spoiler alert: You might have a better chance of being hit by an asteroid in 2036 than suffering any significant losses due to time theft. Let’s break this down.

What is Time Theft, and How Big is the Risk?

Time theft typically refers to employees logging hours they didn’t actually work. This could be through buddy punching, rounding up their hours, or getting distracted during shifts. But with today’s workplace technology, the risk is extremely low—especially for businesses using accurate time-tracking solutions like BundyPlus.

In fact, businesses equipped with biometric time clocks, mobile geofencing, or cloud-based time tracking have near-flawless attendance records. Employees can’t clock in for each other, and location tracking ensures remote workers are where they should be.

On the other hand, let’s talk about asteroid Apophis. NASA once predicted a 3.1% chance of it colliding with Earth in 2036. That number has since dropped to near zero, but for a while, it had scientists and the media buzzing.

So, what’s more likely? A rogue asteroid impact or employees stealing enough time to hurt your business?

The Real Cost of Time Theft (If It Happens at All)

When businesses focus too much on time theft, they often overlook bigger productivity issues.

The problem with time theft is that one rotten apple can spoil the rest. If even a single employee consistently manipulates their hours, it can set a precedent that encourages others to do the same. This can slowly erode workplace trust and productivity, making it essential to address any instances of time theft before they spread.

Here’s what’s more costly than the rare case of an employee stretching their break by a few minutes:

• Poor workforce management leading to wasted labor hours

• Inefficient scheduling that leaves teams overworked or underutilized

• Outdated payroll processes that create administrative headaches

In reality, a business with a culture of trust and the right tools will see minimal time theft. Employees who feel valued and engaged don’t game the system. And with solutions like BundyPlus, time capture is so seamless and accurate that there’s little room for manipulation.

The Benefits of Modern Time Tracking

Rather than worrying about time theft, smart businesses invest in accurate time-tracking technology that:

• Ensures payroll accuracy—employees are paid for their actual work

• Improves compliance with labor laws and record-keeping regulations

• Provides real-time workforce insights for better decision-making

• Reduces the need for manual intervention in tracking hours

With tools like BundyPlus biometric terminals, mobile apps, and cloud-based tracking, businesses can shift their focus from preventing imaginary threats to optimizing their operations.

So, Should You Worry About Time Theft or Asteroids?

Let’s be real—your business has bigger things to worry about than time theft. If anything, keeping an eye on workplace efficiency, employee engagement, and operational improvements will have a far greater impact on your bottom line than a rogue five-minute break.

And as for asteroids? Well, let’s just say NASA’s got that one covered.

Ready to Future-Proof Your Time Tracking?

If you want to ensure accurate workplace attendance records without the stress, BundyPlus has you covered. Book a demo today and see how easy it is to keep your workforce accountable—without worrying about asteroids or time bandits.